FNC1 Objective Assessment Based on Pre-Assessment 1. On which financial statement is the revenue account for the firm reported? A. Balance Sheet B. Statement of owner’s equity C. Income statement D. Statement of cash flows 2. The adjustments for the month caused the revenue account to increase by $3,000 and the salaries expense account to increase by $5,000. How will these entries cause the $4,000 net loss shown on the trial balance to be reported on the income statement
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to a New York office, she is suing to gain reinstatement and damages and to eliminate the harassment. Joanne Barbetta has filed a similar suit seeking damages for harassment caused by an environment that she asserted “was poisoning my system.” Ms. Barbetta reports that during her tenure as a clerk at Chemlawn, male employees circulated pornographic magazines and pinup posters. She viewed a slide presentation that included suggestive pictures (e.g., a nude woman) put there, according to
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Chapter 12 Business Intelligence and Decision Support Systems Goals of the Chapter The primary objective of this chapter is to recognize the importance of data, the management issues that relate to it, and its life cycle. Other objectives include relating data management to multimedia and document management, explaining the concept of data warehousing, data mining, analytical processing, and knowledge discovery management. An Overview Section 12.1 – The Need for Business Intelligence – The section
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Capacity- The upper limit on the load that an operating unit can handle Design capacity- Maximum output rate of service capacity an operation, process, or facility is designed for. Effective Capacity-Design capacity minus allowances such as personal time and maintenance. Efficiency-Actual output / Effective capacity X 100% Utilization- Actual output / Design capacity X 100% Factors Facilities 1.Design 2.Location 3.Layout 4. Environment Product/Service 1.Design 2.Product or service mix
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Conceptually, SCM includes all value-adding activities from the extraction of raw materials through the transformation processes and through delivery to the end user. SCM spans organizational boundaries and treats the organizations within the value chain as a unified virtual business entity (1991; 1995). (1995) further expanded SCM to include recycling or reuse activities. In general, SCM seeks improved performance through elimination of waste and better use of internal and external supplier capabilities
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and data management parts that are a neccessity for the system to function (pg. 8). Businesses regularly utilize computer-based information systems in order to record customer purchases, keep track of inventory, pay employees, buy new merchandise, and evaluate sales trends. Without the support of information technology, businesses would ultimately fall apart. For example if a business did not choose to use computer-based information systems, they wouldn't be able to evaluate what items were selling
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Information Systems in Organizations (Wallace) Chapter 1 Information Systems and People 1) China is known as the world's "back office" because innumerable companies in China manage information system applications for a growing number of multinational corporations. Answer: FALSE Page Ref: 6 AACSB: Use of information technology Chapter LO: 1 Difficulty: Easy Course LO: Discuss the role of information systems in supporting business processes 2) A survey of retailers found that modern
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in the motorcycle industry and the global economy. In order for this organization to effectively communicate and obtain information efficiently, I will evaluate Dirt Bike’s problems and will provide recommended solutions on what type of Internet tools and technology would be beneficial to both the employees and the organization. An intranet system will be discussed. Two other Internet tools will be introduced to the organization that would be beneficial if utilized. The benefits of wireless technology
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It’s toy time Educational products for developing minds 1. Executive Summary: It’s toy time is a specialty toy retailer, operating in Banani 11 no. shop no.1. We are a company that helps to grow the creative power of our children.Our success is our employees and the unique service they render. The large variety of toys at lower prices, the fun-filled atmosphere and service is all that It’s toy time provides its customers.We are the only company who thinks about a childs mental development
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Task 3 A. Analyze whether a Keiretsu network, a virtual company, a vertical integration, or a different supply chain strategy should be adopted. Identifying a strategy is the first step in a supply chain management strategy so that is where we start. There are many options when selecting a strategy that will work best for our market and each strategy has advantages as well as disadvantages. No matter what type of strategy we chose we will face the same main question of if we should make
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